
Business Update5 Jun 2026, 12:09 pm
Asian Energy Services Empanelled by Oil India for Seismic Services
AI Summary
Asian Energy Services Ltd has been empanelled by Oil India Limited (OIL) for on-land seismic data acquisition services for a period of three years. This empanelment covers various project categories, including large-scale surveys, and positions Asian Energy as an eligible bidder for future OIL tenders. While contract awards will depend on separate tendering processes, this development is expected to strengthen Asian Energy's position in the Oil & Gas segment and enhance opportunities for securing future business from OIL.
Key Highlights
- Empanelment by Oil India Limited for seismic data acquisition services.
- The empanelment is valid for a period of three years.
- Positions the company to bid for future tenders from Oil India.
- Expected to strengthen position in the integrated Oil & Gas segment.
Price Impact
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